The rate of economic growth in China over the last 50 years has been remarkable. However this has only highlighted the inequalities between regions in China, making for considerable disquiet at the highest levels of Chinese policy-making. Not everyone has benefited from the same levels of prosperity and this book examines the many and varied policy solutions and proposals that have been applied to this thorny problem. Questions vital to the formulation of appropriate policies to address inequality are examined such as: if output increases in one region, does it affect output in other regions? Which regions? How large are the effects and how long do they last?The authors subject these and other questions to systematic statistical investigation, finding that the industrial core of China (the South East and the Changjiang and Yellow River regions) is reasonably well integrated but not well connected to the remainder of the country. Indeed, evidence suggests that development in the coast comes at the expense of that in the interior while much of the policy designed to boost the interior actually flows to the coastal provinces.
This original analysis of the linkages between regions in China, and regional policy since 1949, will prove an invaluable and illuminating account to a wide readership. This will include academics and researchers of Chinese studies and regional economics as well as policymakers in the region.
Contents: Preface 1. Introduction 2. China's Regions and Regional Disparities, 1953 to 2005 3. Regional Policy in China, 1953 to 2005 4. Literature Survey 5. An Analysis of Spillovers: a Three-Region Model 6. An Exploration of the Sensitivity of the Three-Region Results 7. Spillovers in a Model with Six Regions 8. Spillovers of Policy Shocks in China 9. Conclusions References Index
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- ID: 9781847202420
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